Foreign exchange
RBI forms task force on offshore rupee
Task force will examine the effects of the offshore market on exchange rates and domestic liquidity
The ‘Cartel’ three: not guilty, but still paying a penalty
Despite their acquittal, the former FX traders face obstacles in trying to rebuild their careers – meaning the DoJ didn’t fail, says one expert
Zimbabwe sets up interbank FX market with new dollar-pegged currency
Central bank governor pledges stability, but analyst says initiative is “cancerous”
US sanctions on Venezuela could spell end of petro
Crypto asset is backed by oil reserves the country can barely commercialise
Fragmentation keeps yen flash crash cause murky, says RBA
But points finger at double whammy of low-volume Asia morning and algo trading
FX Connect platform gets a significant upgrade
State Street's revamps for interface and order tools lead in 2019 product overhaul
BNY Mellon opens Program Trading Desk in FX business reshuffle
Bank adds segregated execution desk to boost confidentiality for clients with high-level transactions
LiquidityFinder turns on liquidity matchmaking site
The website offers a consolidated view of liquidity providers for simple comparison
LMAX adds credit intermediation for spot FX trading
BNP Paribas and JP Morgan are working with the firm as credit intermediaries
Allure of EM currencies grows for investors
Market participants look at strategic plays beyond G10 amid concerns about global growth
North American corporates lose $11bn on FX volatility
Almost six times as many companies reported currency headwinds in third quarter, FireApps analysis shows
Jamaica uses social media to calm markets after FX intervention
Central bank's Wynter says FX volatility is nothing to worry about, but makes veiled warning
Lebanese pound finds support in newfound political unity
As new government forms, investors are more willing to sell dollars and buy Lebanon’s currency
OTCXN goes live with LiquiMatch FX trading venue
The hybrid FX ECN has Tier 1 banks on board
2019: a year for innovation and technology
No longer weighed down by regulatory concerns, the FX industry can focus on innovation for its own sake
Evia: rising capital costs to encourage mergers in 2019
Trend of mergers and acquisitions in FX industry set to continue, says Alex McDonald
Saxo Bank: sterling would reach parity with dollar under Corbyn as UK’s PM
Campaign of renationalisation and fiscal expansion would widen the twin deficits to 5% of GDP and spur inflation
CNH contracts on SGX break daily record in November
November was third-highest trading month for USD/CNH since contract began trading on the exchange
2018: mergers, name changes and having one’s day in court
Mergers and acquisitions were popular reads on FX Week in 2018, along with coverage of US FX-related court cases
Advanced Markets adds Standard Chartered as prime broker
UK bank becomes Advanced Markets’ second prime broker after UBS
Record brings ESG into currency management
Specialist currency manager develops database and methods for improving ESG credentials of its product
European FX lawsuit may follow soon, says source
Institutional investors filed a lawsuit in NY against 16 banks on November 7, which could be followed by European complaint
Outstanding OTC FX derivatives notional at all-time high – BIS
Clearing of FX contracts and gross market value of over-the-counter FX rises in H1 2018